“Had a great experience, the Agent (Caitlin) was amazing , very knowledgeable and got the property sold very quickly”
Century 21
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- Melbourne
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Melbourne real estate Market Report.
Information and statistics on the latest trends in the Melbourne real estate market. *
Latest Rolling 3-Month Snapshot
Mar 1, 2026 - May 31, 2026
Median sale price
$147K
-1.4%
from
Q1 '26
Median list price
$218K
+16%
from
Q1 '26
Active listings
6
+20%
from
Q1 '26
Homes sold
1
-67%
from
Q1 '26
New pendings
4
No change
from
Q1 '26
New listings
5
+150%
from
Q1 '26
Quarterly Pricing Trends for Melbourne
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Melbourne
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Melbourne
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Melbourne
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Melbourne
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Melbourne
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
15
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Melbourne is currently tilted toward sellers, with the market gauge indicating a seller’s market even as inventory builds. Months of supply has climbed to 9.6 in this rolling three-month view, while active listings are up more than fivefold year over year, suggesting buyers have more options than they did a year ago.
Pricing trends show a mixed picture, with the typical home value up nearly 10% year over year but the median list price dipping slightly compared with last year. At the same time, the average sale-to-list ratio has eased to about 95%, and no homes in this recent period sold above list, signaling that sellers may be negotiating more than in past years.
Speed of sales has shifted notably, as the median days on market dropped to about two weeks, down sharply from much longer marketing times a year ago. New listings and pending sales have each surged more than 300% year over year, highlighting a busier pipeline of homes coming to market and going under contract. Buyers and sellers who want to navigate these shifting conditions can use Agent Pronto to connect with a local agent who understands Melbourne’s numbers on the ground and can advocate effectively for their needs.
Learn more about what Melbourne has to offer.
Melbourne offers a welcoming, tight-knit community with affordable living, solid schools, and easy access to parks and everyday amenities, supporting a comfortable, connected life for residents.
Melbourne offers small town living with straightforward access to larger job and shopping centers in Marshall County. Located between Marshalltown and the Des Moines metro, it appeals to residents who value short commutes, quiet streets, and practical daily convenience.
Daily life is centered around local institutions and nearby amenities. Families appreciate the West Marshall Community School District, which provides academics and activities in a close knit setting. Outdoor time is easy to find at Taylor Park in town, while additional trails, fields, and playgrounds lie just up the road in Marshalltown and Story County. Public services such as the Melbourne Public Library and city utilities keep routines straightforward and accessible.
For shopping, dining, and healthcare, residents often head to nearby corridors in Altoona or into the Des Moines area, then return home to quieter streets and open skies. Seasonal events and youth sports give newcomers easy ways to connect with neighbors and feel part of the community.
Whether you are weighing a move to Melbourne or planning to sell and relocate, working with a real estate agent who understands local taxes, school boundaries, and commuting patterns can remove a great deal of uncertainty. Agent Pronto connects buyers and sellers with experienced local professionals so each step from pricing to closing feels more manageable and less stressful.
Trusted by over 500,000 buyers and sellers.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“We met with Isaiah early in our home search at an open house while visiting from out of town. He was very knowledgeable and patient answering our numerous questions and it felt like the right fit for us. He helped us immensely every step of the way, providing his expert opinion when asked, helping us better understand the market so we could adjust our expectations accordingly, and quickly and efficiently organizing open houses and private showings for the homes that fit our criteria. He was not pushy and did not rush the process which we both appreciated as first time home buyers. We were unfamiliar with the area and received recommendations from him for multiple mortgage brokers, inspection companies, and more providing us options for trusted people to work with without feeling pressured. When we landed on our home, he walked us through each step and advocated for us when unexpected issues arose. Our home buying process went more smoothly with Isaiah's guidance!”
Century 21 Signature Real Estate
“Jess made us feel like we were her only clients. Knowledge with quick responses. Jess made the entire process quick and easy. Would recommend to anyone for any type of property!!”
Century 21 ProLink
“Mallori marketed our property immediately. She worked with other brokers who had clients looking at other properties and asked them to consider ours. They did and SOLD! Mallori made the process quick and easy. Would recommend to anyone for any type of property without hesitation!!”
Century 21 ProLink
“Worked with Matt for several home sales and purchase's! He's truly Amazing at what he does and it's because of the many years of experience he has!”
RE/MAX Concepts
“We were really pleased with Joe Hoagland's service. He responded quickly with any questions, made time in his schedule to show various homes when we were in Omaha. Joe even FaceTimed with us, at times when we could not be in Omaha, to show us homes we were interested in. He met with our daughter and son to view homes and FaceTimed with us. Joe was also very honest with us. Often times, he noticed little imperfections that were not obvious to us. He advised us on offering prices. Joe was the exact type of realtor for us! He was a pleasure to work with!”
Berkshire Hathaway Ambassador Real Estate
“Lacie was amazing throughout the whole buying experience as a first-time home owner. She made every effort to keep me informed during our buying process and shown her expertise when any questions arose. When there were some questions she couldn't answer she was able to defer me to the appriorate subject-matter expert whether it was an electrician for electrical questions/work to inspection questions. She was absolutely fantastic to work with and would highly recommend her to friends and family that are looking to buy/sell now and later! Thank you Lacie Shelby for working with my partner and I. Thank you even more for making our first home purchase worth it!”
Iowa Realty
“Presley went out of her way to provide us with the best service possible. Very respectful and considerate. I would highly recommend Presley to anyone looking for property within her location to anyone. She is amazing! Cares for her clients and it shows!!!”
Iowa Realty Indianola
“Wendy Beal was knowledgeable and very proffesional. Her familiarity of the Ankeny market and current trends were of great help in setting the strategy for selling our home. We would highly recommend Wendy Beal for anybody looking to buy or sell in central Iowa.”
Iowa Realty
“She did go really far out of her way to show a house and had really good input on things we didn't notice”
Berkshire Hathaway BHHS First Realty
“Deanna was amazing! She listened to me & understood my goals. She answered all questions & was respectful of my wants & needs. She was quick with responses & was there for me every step of the process.”
Century 21 Signature Real Estate
“To whom it my concern, It is our immense pleasure to recommend Viola Salvato as a real estate agent for any individual or family searching for the ideal home. Viola had an initial meeting with us regarding our specific needs in a home as well as our budgetary limits. She is highly talented and immediately found us numerous listings of homes. She did not waste our time with homes that were not in line with our needs. Viola is a master with contract negotiation she came up with a deal that was good for us as well as making the seller happy. She knows the area like the back of her hand and there is nothing that escapes her attention when it comes to properties for sale in this area. We found Viola to be a highly attentive agent, almost as if we were her only customers, although we know that was not the case. She returned all phone calls and emails the same day. We never felt neglected or unimportant. She also is highly personable with an engaging personality. She is hands down the best!”
Iowa Realty
“Dakotah was amazing to work with! Dakotah was referred to us by someone and we will continue to refer him to others. Knowledgeable about the Des Moines area and homes in the area. Always felt that Dakotah was looking out for us as first time home buyers and helped us explain the home buying process in great detail. When we do decide to sell our incredible home, we will surely work with Dakotah again!”
Iowa Realty
“Roger was very responsive to our house selling & buying needs. He also presented to us additional options on other properties to consider besides the ones we found of interest to your.”
Iowa Realty
“Matt cares deeply about his clients and is as trustworthy as they come. He was a fantastic guide and advisor through our home buying process. We ran into a number of snafus and hiccups but he navigated us through them to secure a good deal. Highly recommend Matt!”
Berkshire Hathaway Iowa Realty Mills Crossing
“I enjoyed working with David. He was always friendly and answered any questions that I asked. David was very knowledgeable and patient. He helped make the sale quick and easy. Would recommend him to anyone needing his service. I am thankful that we had him.”
Currents & Keys Realty
“Agent Pronto gave me Toni Delfs name to help us find a home. She was a real delight to work with. She listened to our needs and wants, as well as what we did not want. We found our home and Toni was there to help with the whole process. She answered questions and was a wonderful bridge to all the people we dealt with along the way. Toni is the perfect person to help you find your next home and she gets the highest of marks for all her hard work. Thank you, Toni!”
Keller Williams Siouxland & Okoboji
“Nate Holler was very friendly, yet professional, each time I talked with him.”
Intrepid Real Estate
“I'm extremely thankful to have been connected to my realtor, Sam, using Agent Pronto. You never know with some of these free online services just who they will be connecting you with, and since home buying involves a great deal of money, it is imperative to find the right agent. Sam was exactly who I needed to help me along this journey. She's so immensely helpful, doesn't sugarcoat the facts, and is really your very own personal real estate champion. I couldn't be more impressed or happy with my experience.”
Platinum Realty
“We had a very quick response from 2 agents. Lisa was first and had a property for us to look at. She learned a lot about us and what we wanted during that first walk through. She quickly found another, more suitable property. We spent lots of time e-mailing and calling and figuring things out. By the time we went to see the current property, she was pretty sure we would like it. I really liked it from the first look but, by the time I saw my "new sewing room" and walked the large yard, I was in love. It gave me a very peaceful feeling and I felt bonded to it, it was the place I needed right now. Things do go fast these days but we spent less than a month on this and Lisa is still there for us.”
Ruhl & Ruhl Realtors
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Melbourne. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Melbourne Realtor® or real estate agent today.